Statistics Canada
Symbol of the Government of Canada
Skip to content |

Common menu bar links

Home > Publications > 61-219-X > Financial and Taxation Statistics for Enterprises > Tables >

Page content follows

Table 54-1
Local credit unions — Balance sheet and income statement

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

PDF | Symbols | Next

Balance sheet and income statement
  2004  2005 2006 2007  2008
  millions of dollars
Balance sheet  
Assets 168,866 181,408 196,110 211,935 231,287
Cash and deposits 13,722 13,821 16,020 15,723 18,137
Accounts receivable and accrued revenue 762 770 969 1,066 862
Inventories .. .. .. .. ..
Investments 13,173 11,520 10,924 12,006 14,112
Investments and accounts with affiliates 3,352 3,503 3,959 5,413 4,616
Portfolio investments 9,820 8,017 6,965 6,593 9,496
Loans 138,124 151,950 165,114 179,954 193,746
Mortgages 93,470 104,447 114,580 126,069 135,651
Non-mortgages 44,654 47,503 50,534 53,885 58,095
Bank customers' liabilities under acceptances .. .. .. .. ..
Capital assets, net 1,853 1,976 2,071 2,182 2,356
Other assets 1,231 1,371 1,012 1,005 2,075
Liabilities 156,456 167,882 181,078 195,405 213,462
Accounts payable and accrued liabilities 2,784 2,950 3,753 3,517 5,948
Loans and accounts with affiliates 1,517 1,256 1,252 751 756
Borrowings 5,843 6,957 7,824 9,779 10,172
Loans and other borrowings 5,843 6,957 7,823 9,779 10,172
Bankers' acceptances and paper .. .. .. .. ..
Bonds and debentures .. .. .. .. ..
Mortgages 0 0 0 0 0
Future income taxes 75 13 -18 -1 -3
Bank customers' liabilities under acceptances .. .. .. .. ..
Other liabilities 146,235 156,706 168,267 181,360 196,589
Equity 12,410 13,526 15,032 16,530 17,825
Share capital 2,307 2,427 2,391 2,545 2,679
Contributed surplus and other 6,528 7,215 8,810 9,667 10,446
Retained earnings 3,575 3,884 3,832 4,318 4,700
Income statement  
Operating revenue 10,396 10,871 12,201 14,121 15,916
Sales of goods and services .. .. .. .. ..
Interest and dividend revenue (operating) 8,198 8,760 10,122 11,560 12,000
Other operating revenue 2,198 2,111 2,079 2,561 3,916
Operating expenses 8,571 9,184 10,348 11,751 12,800
Purchased goods, materials and service 4,982 5,498 5,852 4,823 4,250
Wages, salaries and employee benefits .. .. .. 1,497 2,778
Indirect taxes .. .. .. .. ..
Depreciation, depletion and amortization 194 202 202 223 236
Interest expense (operating) 3,184 3,278 4,055 4,905 5,153
Other operating expenses 211 207 239 303 383
Operating profit/loss 1,825 1,686 1,853 2,370 3,116
Interest and dividend revenue .. .. .. .. ..
Interest expense on borrowing 247 329 444 564 573
Gains/losses 29 26 18 39 29
Profit before income tax 1,607 1,383 1,428 1,846 2,572
Income tax 299 218 256 371 601
Equity in affiliates' earnings 371 349 405 400 -354
Profit before extraordinary gains 1,679 1,515 1,577 1,875 1,617
Extraordinary gains 0 0 0 0 0
Net profit 1,679 1,515 1,577 1,875 1,617
Date Modified: 2010-02-15

Top of Page
Important Notices